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Validus Holdings (Validus Holdings) Net-Net Working Capital : $0.00 (As of Jun. 2018)


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What is Validus Holdings Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Validus Holdings's Net-Net Working Capital for the quarter that ended in Jun. 2018 was $0.00.

The industry rank for Validus Holdings's Net-Net Working Capital or its related term are showing as below:

VRpBCL.PFD's Price-to-Net-Net-Working-Capital is not ranked *
in the Insurance industry.
Industry Median: 4.58
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Validus Holdings Net-Net Working Capital Historical Data

The historical data trend for Validus Holdings's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Validus Holdings Net-Net Working Capital Chart

Validus Holdings Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net-Net Working Capital
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Validus Holdings Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Validus Holdings's Net-Net Working Capital

For the Insurance - Reinsurance subindustry, Validus Holdings's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Validus Holdings's Price-to-Net-Net-Working-Capital Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Validus Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Validus Holdings's Price-to-Net-Net-Working-Capital falls into.



Validus Holdings Net-Net Working Capital Calculation

Validus Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2017 is calculated as

Net-Net Working Capital(A: Dec. 2017 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(754.99+3381.757+0.75 * 2232.539+0.5 * 0-10515.089
-400-16.718)/0
=N/A

Validus Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2018 is calculated as

Net-Net Working Capital(Q: Jun. 2018 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(719.219+3728.894+0.75 * 3005.95+0.5 * 0-11318.677
-400-371.257)/0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Validus Holdings  (NYSE:VRpBCL.PFD) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Validus Holdings Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Validus Holdings's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Validus Holdings (Validus Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Validus Holdings Ltd is a holding company for reinsurance and insurance operating companies and investment advisors. The company includes Validus Reinsurance, Talbot Underwriting, Western World Insurance Group, and AlphaCat Managers. Validus Reinsurance is a Bermuda-based reinsurer focused on treaty reinsurance. Talbot is a specialty insurance group that mainly operates in the Lloyd's insurance market. Western World Insurance Group is a U.S. specialty lines insurance company that specialises in excess and surplus lines. AlphaCat Managers provides investment and capital-management advice for third parties and Validus insurance-linked securities, as well as other property-catastrophe and specialty reinsurance investments.
Executives
Karin Hirtler-garvey director 112 W. 34TH STREET, NEW YORK NY 10120
Patrick Boisvert officer: Group Chief Accounting Officer VALIDUS HOLDINGS, LTD, 29 RICHMOND ROAD, PEMBROKE D0 HM08
Gail M Ross director VALIDUS HOLDINGS, LTD., 29 RICHMOND RD, PEMBROKE D0 HM 08
Peter Anthony Bilsby officer: CEO, Talbot Underwriting Ltd. VALIDUS HOLDINGS, LTD., 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Christopher E Watson director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Michael Richard Moore officer: Chief Accounting Officer C/O VALIDUS HOLDINGS, 29 RICHMOND RD, PEMBROKE D0 HM08
Therese M Vaughan director VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Karen Salam officer: EVP, Group Chief Risk Officer VALIDUS HOLDINGS, THE CHARTIS BUILDING/29 RICHMOND ROAD, PEMBROKE D0 HM08
Lixin Zeng officer: Pres, CEO Alpha Cat & Research VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Kean Driscoll officer: CEO, Validus Reinsurance, Ltd. VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Jeffrey Sangster officer: Chief Accounting Officer VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Mahmoud Abdallah director VALIDUS HOLDINGS, 29 RICHMOND ROAD / CHARTIS HOUSE, PEMBROKE D0 HM 08
Andrew E. Kudera officer: EVP, Chief Actuary VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Robert F Kuzloski officer: EVP, Chief Corp. Legal Officer VALIDUS HOLDINGS, THE CHARTIS HOUSE / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Andrew Mark Gibbs officer: EVP, Group Controller VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08

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